PNC Home Equity Line of Credit

PNC Home Equity Line of Credit Review

PNC Home Equity Line of Credit is offered by PNC Bank, a bank founded in 1845 and based in Pittsburgh, PA. PNC Home Equity Line of Credit is available in 50 states (and Washington, DC).

PNC Home Equity Line of Credit FAQ

Is there a minimum draw requirement?

No, there isn't a minimum draw requirement.

What range of rates does PNC Home Equity Line of Credit offer?

PNC Home Equity Line of Credit offers APRs as low as 4% .

Remember the APRs of HELOCs do not include points and financing charges, just the interest rate. Most home equity lines of credit have a variable interest rate. Fixed interest rates -- if available -- typically have higher APRs, but your monthly payments don't change over the life of the line of credit.

What fees does PNC Home Equity Line of Credit charge for a HELOC?

PNC Home Equity Line of Credit may charge a loan origination fee . There is also an annual fee of $50.

What types of property can you use as security for a HELOC with PNC Home Equity Line of Credit?

Lenders often have restrictions on the type of properties they will accept as security for a HELOC. PNC Home Equity Line of Credit will consider lines of credit secured by the following property types:

• Primary homes.
• Secondary homes and vacation properties